The Special CBI Court here on Sunday granted the Central Bureau of Investigation (CBI) to take Odisha-based chit fund company Green Ray International ltd (GRIl)’s managing director Mir Shahiruddin on a six-day remand for interrogation.
The CBI had prayed for 10-day custody.
Earlier in the day, Shahiruddin, who was arrested in Kolkata on Friday, was brought to Bhubaneswar on a transit remand.
However, the fugitive managing director while being taken to the Capital Hospital here for health a checkup told reporters that he had no knowledge of the closure of the company in Odisha.
According to reports, Shahiruddin had floated a mining firm Green Ray Nigeria Company in 2013 and acquired an iron ore mine on lease in Nigeria. He was hiding at Abuja, Nigeria’s capital, with family.
Recently, he had entered India on a Bangladeshi passport by impersonating him as Ahmed Hussain. Shahiruddin, a native of Sasanbad village under Jaleswar police limits in Baeswar district, had returned from Nigeria a few days ago.
Earlier on October 2014, Chhattisgarh police had arrested another director of Green Ray Ayub Shah from Ajmer in Rajasthan while he was on his way to Kolkata. The other two directors are Mir Tahiruddin and Khalik Saha.
The Crime Branch, which was earlier probing into the case, had confiscated 20.68 acres of land belonging to the company besides freezing cash deposits of Rs 57 lakh. Around 246 grams of gold and 9.5 kg silver were also seized.
The company had swindled over Rs 500 crore from around 1.5 lakh customers in Odisha and over Rs 200 crore in Chhattisgarh. The offices were sealed in Odisha in 2013.